Tag Archives: GBP/JPY
A.M. Look 11/4/16
Spu’s…2077 is the 200 DMA… below, 2065 is the next # that can bounce. GBP/JPY….128.43 is the weekly ORH #. This is the closing # to maintain above for more strength. I have no dog in this hunt and will … Continue reading
A.M. Look 11/3/16
GBP/USD.. GBP/JPY… Euro Stoxx 50 The Indices are trading oversold and ripe for a bounce. The Brexit news out of Britain is precipitating the short covering.
Daily Market Intelligence 10/25/16
Daily Market Intelligence 10-25-16
A.M. Look 9/21/16
We’ve rallied to my stated resistance levels and closing upside pivots for the U.S. Indices. Spu’s…2145 Nasd 100…4825 DJI…18,200 The EUR/JPY & GBP/JPY crosses are being pushed lower. Neither of which I’d trust to maintain direction the rest of the … Continue reading
A.M. Look 9/1/16
GBP/JPY….137.37 can stall out the GBP/JPY rally. This is an area that has to play out through tomorrow’s payrolls .data for follow through. GBP/USD…the Pounds started out the month up breaking above its 50 DMA @ 131.40. This becomes an … Continue reading
A.M. Look 8/31/16
GBP/JPY…135.00 was the July close. It keeps a bid tone above. Soybeans..anything close to 9.09 is support. Equity traders..let the dust settle from the early A.M. data and play the early flows.
A.M. Look 8/16/16
The Dollar is the story this A.M. USD/MXN is trading right at its 200 DMA @ 1794 and is short term overbought. Euro is trading at Matrix resistance. Yen & Aussie are getting close. GBP/USD trapped new shorts with GBP/JPY … Continue reading
Daily Market Intelligence 8/15/16
Daily Market Intelligence 8-15-16
Midday Missive
Spu’s…after trying for two hours to push below 2177 (last weeks close) Index trading will be a nite mare.Bears will try to close this below 2177. Good luck with that! I’m not buying a 200 point rally in the Spu’s … Continue reading
Daily Market Intelligence 7/13/16
Daily Market Intelligence 7-13-16